News Topic: Community banking

Calling the move "depressing," Chairman Ken LaRoe said the decision to stop working with medical marijuana firms came after certain investors objected. Recent moves by the federal government cemented the call. ... Read full article

The Boston mutual touted Deborah Jackson's role in promoting social justice and sustainability causes. ... Read full article

The company tapped a new president for the business, which it will also rebrand, after hiring a team from Scottrade Bank in Missouri. ... Read full article

United will pay $130 million for NLFC Holdings, the parent company of Navitas Credit. ... Read full article

A number of banks, especially those with extra real estate on their hands, are trying to capitalize on the co-working craze to appeal to fledgling companies that could become success stories — and their customers. ... Read full article

MidSouth Bancorp in Lafayette, La., has appointed one of its regional executives to the newly created post of chief banking officer and moved to appoint a veteran turnaround banker to its board. ... Read full article

Rather than jump right away into lending to car buyers, Access National will start by offering CRE and M&A financing to dealerships. ... Read full article

The company will also record a charge tied to the impairmant of its deferred-tax asset. ... Read full article

The Trump administration should not name J. Mark McWatters as head of the consumer agency, given his lack of experience overseeing commercial banks and his leadership of the National Credit Union Administration, a cheerleader for the industry it ... Read full article

The company, which sold about $3 million in stock through a private placement, also plans to add branches on Staten Island. ... Read full article

Banks, especially smaller institutions, will be forced to find more ways to differentiate, Bryan Jordan said in an interview that also covered his company's recent purchase of Capital Bank and how tax reform will immediately stimulate the economy. ... Read full article

The company sold securities in the fourth quarter to stay below $10 billion in assets and avoid a cap on interchange fees. ... Read full article

James Neff, who joined the company in 1999, gained oversight of retail banking with the promotion. ... Read full article

Intrust Bank has agreed to purchase $20 million worth of Funding Circle's small-business loans in what could just be the beginning of a long-term relationship. ... Read full article

Changing political and economic forces are raising new questions about deployment of tax savings and the cost of deposits, while old concerns about cost-cutting, credit quality and risk taking persist or return. ... Read full article

About a third of U.S. banks are S corporations, and many are rushing to determine whether the new tax law has robbed them of their appeal and if they should convert to traditional corporations by the March 15 deadline. ... Read full article

Commercial customers, including small businesses, seem ready to pay up to shift to faster, more sophisticated electronic invoicing and payments, and enterprising banks that provide them the technology to do so could find it lucrative. ... Read full article

Kevin Stein, who runs a private equity firm, has also supervised banking groups at Barclays and FBR Capital Markets. ... Read full article